7.. 


[House  ov  Representatives — Secret  Sess[ov.] 

HOUSE  OF  REPRESENTATIVES,  Jan.  9,  lSG4.~0ideiea  to 
be  printed. 

[Bj  jjir.  Russell,  j 


Jn  lieu  of  first  six  seotion-i  of  coiamittec  bill  insert. 

1  Section  1.  That  on  ar-d  after  the  first  day  cf  iu 

2  the  year  eighteen  hundred  ?nd  sixty-four,  a  tax  shall  be  levied 

3  on  all  treasury  notes  heretofore    issued,  not  bearing    interest, 

4  vhich  shall  remain  outstanding  at  the  rate  of  one-sixth  of  one 

5  per  cent,  per  day  until  the  tax  shall  amount  to  per  cent  , 
G  and  whenever  any  of  such  nofs  shall  be  offered  in  payment  of 

7  oiher  tixes  cr  to  be  funded   ov   paivl,    tha  tax  whijh  then  shill 

8  hivo  accrued  thereon  shill  be  deducted  from  the  same. 

1  Sec.  2  That  tho  taxes  imposed  f >r  the  year  eighteen  hundred. 

2  an  I  sixty-four,  by  the  act  entitled  "An  Act  to  ;a    tiix  s  for  the 

3  common  defence  and  carry  on    the  Govornmeiit  o!   theCoiifele- 

4  rate  States,"  approved  April  24,    1833,  are  hereby  doubled  for 

5  said  year  eighteen   hundred  and   sixty-four,  so  that  twice  the 

6  amounts  and  rates  of  taxes  imposed  thereby  as  aforesaid  sh  ill  bo 

7  levied  and   collected   for   that   year ;  and   the   proviso    of    tho 

8  eigl»teenth  section  of  said  act  is  hereby  su3pca  led  for  that  year 


s 

9  and  the  tax  mentioned   in  sail    proviso  f^lnll  be  l?vir>d  nnlcol- 

19  ]ect:'d  fjr   the    \ear   eight  en    huiiJ.-  d   anl   .^ixty-fiur;  b  t  the 

1 1  am  .unts  which  fa,nners  and  phmters  may  reserve  out  of  the  sub- 

12  jectd  of  the  tax  in  l.irid  for  th  it  year  shall  be  twice  the  ;unou  ti 

13  which  said  act  permits  them  to  reserve.  • 

1  St-c.  3.   E-erj  per:=on  who  shall  be  liable  to  pay  or  deliver  any 

2  tax  in  kind  for  the  year  eighteen  hun  Ire  1  anl  sixty-four,  miy,  at 

3  his  option,  commute  tie  same  by   the  payment  of  coin  or  ccm- 

4  mutation  bills  as  hereinafter  pro\ided. 

1  Stc.  4    Tl.c  Presid  nt  i-hall  cause  to  be  made  and  issued  bills 

2  to  be  called  "commu'atation  bill:^,"  which  sha!l  be  cf  any  of  the 

3  dei;ominations  heretofore  autho  ized  for  treasury  notes  not  bearing 
i  interest  and  ehall  purport  that  the  Confederate  States  of  Amrica 

5  owe  to  the  bearer  the  sums  of  money  therein  respectively  speci- 

6  fictl,  and  that  the  bills  are  rece'vable  in  commutation  of  certain 

7  taxes    according    to    law.     Such    bills,    when   received   into  the 

8  tic  isiiry,  may  be  re-issue  1,    or  ethers   may  be  issued,   but  the 

9  whole  amount  of  them  outstan«ling  shall  not  at  any  time  ex.!eed 

10  millions  of  dollars.     Such  of  said  bi^ls  as  shall  romiin 

11  outstanding  at  the  conclusion  of  a  dcSuitive  treaty  of  peace 
!  2  belweeea  the  Confederate  St.ite.'i  and  'he  U.titei  Stitci  will  be 
13  paid  or  funded  Tithin  one  year  thereafter. 

1  Six.  5.   The  commutations  here  nbjfore  authorize!  to  hi  raxlj 

2  shall,  until  otherwise  provided  by  iatV,  be  madj  at  the  following 


3 

3  rates:    for  whnat,  two   d.llirs  an  1  fifty  cent^  per  bushel;  for 

4  corn,  two  il  .!!  us  p. T  lush  J  ,  for  o;i:.-i,  f.v  )    -i  j11  in    p,' •  ba^'iel  ; 

5  for  rye,  two  ilollir.-)  anl    fifty  con  t.^  p.-r  bash  .-I;  f,)r  biuk.v'ieit, 

6  per  bu:ihcl ;  for  ric  ■,  twanty  cents  p  r  pun  1 ;   for 

7  sweet    potatoes,  per    bushel  ;     for    IrUh    potatoes, 

8  per  bushel;    for  cured  hiy,  per  ton; 

9  for  fodler,  per    ton  ;    for    su^^ir,                          per 

10  pounl;  for  raol.isses,  pergillon;   for  cotton,  twen- 

11  ty.five  cents  per  pounl;  for  wool,  one  dollir  per   pounl;  for 

12  tobacco,    sixteen   cents    p3r  pound ;    for    pea^    two  dollars  per 

13  bushel;  for  bems,  two  d  )ll.irs  per  bu.hel  ;  for  groun  1  peas, 
1-*  per  bushel,  and  for  bacon,  sixty  cents  per 
1j  pound. 

1  Sec    G.   Whi  never  the  f,raount  which   any  taxpiyer   is  bound 

2  to  djliver  of  any  crop,  as    tax    in  kind,  for  the    ye  ir  eighteen 

3  hundred  and  hixty. four,  shall  be  ag  ee  1  upon    bjtw.'en  lii:n  and 

4  the  assessor,  or  sh  dl  be  assessel  according  to  law,  or  whm  the 

6  tax-pxyer  shill  ex'.iibit  his  a^iamt   of    h)g<    si  fi^^'itere  1,   the 
0  tax-^viyer,   if  he  elects  (o  commute  the  same  according'  to  this 

7  a-t,  ?hill  notify  the  as^e^sor  ih-3rcof,  in  writing,  an  1  thereupon 

8  the    amount  of  moni^y  piy;i,M<3  on  account  of    sue'i    cnniti- 

9  ti->n     ^hill    be    imn.-li.itely    d.i?,    an  I    shdl    be    CTti."!-!    bv 
\)  thj  assessor  to  the  proper  collector,  an  I  tho  amount  due  shall 

11  be  coUecte.l  according  to  the  Iiws  relating  to  the  collection  of 

12  income  taxes. 


